Joliet, IL Heat Pump Leasing & Installation
In this guide
01
Benefits of Palmetto Heat Pumps
Say goodbye to clunky old systems and surprise repairs. Palmetto Comfort Plan gives you a brand-new heat pump, installation, and full support, all wrapped into one subscription.
Year Round Comfort
A high-efficiency heat pump keeps your home cool in summer, warm in winter, and your energy use in check all year long.
Forget the maintenance
With a Comfort Plan subscription, installation and maintenance are fully covered, no surprise bills, no weekend DIY.
Rewards for renewing
Stick with us and earn credits toward your next system upgrade. It’s our way of saying thanks for building a cleaner, comfier future with us.
02
Joliet, IL Heat Pump Load Calculator
Use our calculator below to estimate your home’s heating and cooling needs based on ACCA-standard design conditions for Joliet, IL: 91°F for cooling and -5°F for heating. For a precise Manual J load calculation and personalized quote, connect with Palmetto’s team. Get in touch with our team for an official quote.
Step 1 of 3
Home location & size
Your home’s location and size directly impact heating needs.
Step 2 of 3
Home attributes
Step 3 of 3
Additional details
Description of what this means for context.
Estimated Heating Needs
Your home’s location falls within the a climate zone with the average extreme winter falling between 10° – 15° F.
Home Details
Recommended equipment capacity
60,000 BTU
5 Tons
Calculated Cooling Mode
102,000 BTU
8.5 Tons
03
Buy it or finance it. Your comfort, your call
There's no wrong way to get cozy. Here's how the options stack up, so you can choose what works best for you.
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Cash |
Loan |
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|---|---|---|---|
| Payment schedule | $0 upfront, then monthly subscription | Full price upfront | $0 upfront, then monthly payment |
| Term length | 10 or 12 years | None | Variable |
| End of term options | Flexible with 25% renewal term credits to new system | No credits to new system | No credits to new system |
| Maintenance included | |||
| Eligible for incentives |
Cash
Loan
Local Incentives
Joliet, IL Heat Pump Rebates & Incentives
Local and federal incentive programs can significantly reduce the cost of a new heat pump system. Here are the programs available to Joliet homeowners.
ComEd Heat Pump Rebates
Up to $2,000ComEd offers rebates for energy-efficient air-source heat pumps and ductless mini-split heat pump installations. Rebates are available as instant discounts through participating contractors.
Illinois HEAR Rebate Program
Up to $8,000The Home Electrification and Appliance Rebate Program provides rebates for heat pump installations. Program is pending final USDOE approval and expected to launch in 2026.
Federal IRA Tax Credit
Up to $2,000The Inflation Reduction Act provides a federal tax credit of up to $2,000 for qualifying heat pump installations through 2032.
Joliet homeowners have access to multiple heat pump incentive programs in 2026. ComEd offers utility rebates up to $2,000 for qualifying heat pump installations through approved contractors. Additionally, the Illinois HEAR Rebate Program is expected to launch in 2026 with rebates up to $8,000 for income-qualified households. All homeowners can also claim the federal IRA tax credit of up to $2,000. Palmetto can help you navigate these programs, maximize your available rebates, and explore flexible financing options like our Comfort Plan lease, which requires $0 upfront cost and allows you to benefit from energy savings immediately.
Incentive information is based on publicly available data as of 2026 and may change. Contact program administrators to verify current availability and eligibility requirements.
04
Climate Zones
Joliet sits in IECC Climate Zone 6, which means cold winters (design temps around -5°F) and warm summers (reaching 91°F). This wide temperature swing matters when sizing your heat pump—you need a system that can handle both extremes efficiently. At Palmetto, we understand Joliet's climate and can help you find the right heat pump for your home. Explore other climate zones below or enter your ZIP code to confirm yours.
Climate Zone 1
Climate zone 1 is not typically seen within the United States outside of Alaska. It represents the coldest climates on the planet.
Climate Zone 1A
Avg. extreme winters: -60° to -55° F
Climate Zone 1B
Avg. extreme winters: -55° to -50° F
Joliet Electricity Prices
Understanding electricity costs in Joliet helps you make smarter decisions about home heating and cooling—especially as rates continue to climb.
Illinois electricity rates jumped from 13.2 cents per kWh in 2021 to 15.9 cents in 2024—a 20% increase in just three years. For Joliet homeowners, that means higher bills for the same comfort.
Heat pumps offer a practical solution to rising energy costs. Because they're 2-3x more efficient than traditional HVAC systems, they use significantly less electricity to deliver the same heating and cooling for your home.
As electricity rates continue rising, that efficiency gap becomes even more valuable. A heat pump's lower energy consumption means your monthly bills stay manageable, and those savings add up year after year.
Price of Energy: Illinois vs National Average
Joliet Area Utility Providers
Joliet residents are served by two major utility providers: ComEd and Ameren Illinois. Based on 2023 data, ComEd's average rate was 14.8¢ per kWh, while Ameren Illinois charged 17.0¢ per kWh.
ComEd's rates fall below both the national average (16.0¢) and Illinois state average (15.7¢), while Ameren Illinois runs slightly higher. These differences reflect variations in infrastructure costs, service territories, and the energy generation mix each utility uses.
Understanding local electricity rates helps you make informed decisions about home heating and cooling. Heat pumps use electricity highly efficiently—often moving three times more heat energy than the electricity they consume—which can lower your total energy spending compared to traditional systems, even where electricity rates are higher.
Joliet Utilities Electricity Rates
Let our smart tools do the heavy lifting.
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Repair versus replace
When a heat pump is in need of repair it is worth considering whether a replacement would be a better investment. While each case is unique, we generally recommend investing in a new unit when repairs exceed $5,000.
A heat pump's lifetime is impacted by a number of factors including environment, use and the quality of the unit. It's important to choose the right unit for your climate zone and home's unique attributes.
When you are in need of repair, we recommend choosing a service provider that is an expert in the heat pump brand you have installed, and checking online reviews to ensure you are investing in the right level of service.
| Potential repair | Cost range | Description |
|---|---|---|
| Capacitor Replacement | $150 - $400 | Common issue when unit struggles to start or makes a humming noise. Capacitors store the electrical energy needed to start the compressor and fan motors. |
| Refrigerant Recharge | $250 - $750 | Needed when the system loses cooling or heating efficiency due to low refrigerant levels. Includes leak detection, repair of minor leaks, and recharging the system to the manufacturer-specified level. |
| Reversing Valve Replacement | $450 - $900 | Required when the unit cannot switch between heating and cooling modes. The reversing valve directs refrigerant flow and is unique to heat pump systems. |
| Compressor Replacement | $1,500 - $3,000 | Major repair needed when the unit fails to heat or cool entirely. The compressor is the heart of the system, circulating refrigerant between the indoor and outdoor coils. |
| Evaporator/Condenser Coil Replacement | $1,200 - $2,800 | Replacement needed when coils develop leaks or corrosion that cannot be economically repaired. Coil damage reduces heat transfer efficiency and can cause refrigerant loss. |
| Control Board Replacement | $500 - $1,200 | Required when the system has electrical failures or erratic behavior. The control board manages all system operations including defrost cycles, fan speeds, and compressor staging. |
| Full System Replacement | $4,500 - $8,000+ | When repairs exceed the value of the unit or multiple major components fail simultaneously. Includes removal of the old system and installation of a new heat pump with updated refrigerant lines and electrical connections. |
Frequently Asked Questions
Yes, heat pumps make sense in Joliet. Modern cold-climate heat pumps are designed to operate efficiently in Climate Zone 6, where Joliet is located, and can handle temperatures down to -5°F. With Illinois electricity rates at 15.9¢ per kWh, heat pumps typically cost less to operate than traditional heating systems while providing both heating and cooling.
Palmetto makes heat pump installation accessible through two options: a Comfort Plan with $0 upfront cost and all maintenance included, or direct purchase with potential federal tax credits up to $2,000. Both options deliver year-round comfort and lower energy bills, making heat pumps a practical choice for Joliet homeowners.
Heat pumps perform well in Joliet's Climate Zone 6, even during cold winters. Modern cold-climate heat pumps maintain efficiency down to -5°F, Joliet's design heating temperature, delivering 2-3 times more heating energy per unit of electricity compared to traditional resistance heating. With Illinois electricity at 15.9¢ per kWh, this efficiency translates to meaningful savings on your energy bills year-round.
During Joliet's summers, which reach around 91°F, heat pumps provide efficient cooling comparable to traditional air conditioners while using the same equipment. The key is proper sizing and installation for your specific home. Palmetto offers heat pump installation through our Comfort Plan with $0 upfront and included maintenance, or direct purchase options that may qualify for up to $2,000 in federal tax credits.
The choice between leasing and buying a heat pump in Joliet depends on your financial priorities and homeownership plans. Buying means paying upfront but owning the equipment outright, plus you may qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act. Leasing through Palmetto's Comfort Plan requires $0 upfront and includes all maintenance and repairs for life.
For Joliet's Climate Zone 6 conditions—with winter temperatures dropping to -5°F—ongoing maintenance is critical for system longevity. If you prefer predictable monthly costs without repair worries, leasing may suit you better. If you want to maximize long-term savings and can handle maintenance responsibilities, purchasing allows you to benefit from incentives and eventual ownership with no monthly payments.
Heat pump installation costs in Joliet typically range from $8,000 to $20,000 depending on your home's size, existing ductwork, and the system capacity needed to handle Climate Zone 6 conditions (winter lows around -5°F). The final price varies based on equipment efficiency ratings, installation complexity, and whether modifications to your electrical system are required.
Palmetto offers two payment options to fit your budget: a Comfort Plan with $0 upfront cost and predictable monthly payments that include all maintenance and repairs, or direct purchase where you own the equipment outright and may qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act plus local Illinois rebates.
Yes, heat pumps are typically worth it financially in Joliet, especially with Illinois electricity rates at 15.9¢ per kWh. Modern heat pumps can reduce heating and cooling costs by 30-50% compared to traditional systems, and they handle both functions in one efficient unit, eliminating the need for separate equipment.
Palmetto makes heat pumps more accessible with two options: a Comfort Plan with $0 upfront and maintenance included, or direct purchase that qualifies for up to $2,000 in federal tax credits. The payback period varies by home, but most Joliet homeowners see meaningful savings within the first few years of operation.
Heat pumps in Joliet are installed by licensed HVAC contractors who are trained to work with these systems in Climate Zone 6 conditions. Palmetto partners with certified local installers who understand Joliet's specific heating and cooling needs, where winter temperatures can drop to -5°F and summer highs reach 91°F.
Palmetto offers two installation options: a Comfort Plan with $0 upfront cost that includes all maintenance and repairs, or direct purchase where you own the equipment and may qualify for up to $2,000 in federal tax credits. Both options include professional installation by experienced technicians who ensure your system is properly sized and configured for your home.
HVAC is an umbrella term that stands for Heating, Ventilation, and Air Conditioning—it describes any system that controls your home's temperature and air quality. A heat pump is actually a specific type of HVAC system that both heats and cools your home by transferring heat rather than generating it through combustion.
In Joliet's Climate Zone 6, where winter temperatures can drop to -5°F, modern heat pumps are designed to handle both extreme cold and summer highs of 91°F. Unlike traditional HVAC systems that use separate furnaces and air conditioners, a single heat pump does both jobs efficiently, which can lead to meaningful savings on your electricity bills at Illinois' current rate of 15.9¢ per kWh.